REVIEW SOAR ICO

ABOUT SOAR

The first stage of the implementation of Soar will be the creation of a marketplace for drone content including still images, video, aerial maps and other specialist drone content. The Soar marketplace will allow drone operators to upload and sell content to other Soar users anywhere in the world. The Soar marketplace has the potential to allow an exponential increase in the value of mapping data and drone content by realising the untapped financial potential of existing drone content. Furthermore, by securing the integrity of drone content metadata via smart contracts, Soar automatically and transparently publishes the location, time and equipment type used to capture content onto the blockchain. The use of blockchain technology validates the authenticity of the footage to ensure the integrity of drone content and fight the problems such as ‘fake news’. Progressively, by aggregating the content collected from thousands of drone operators, Soar will in due course create a dynamic database for a highly detailed world super-map.

Soar will provide this platform for content providers and purchasers, transacting with the SkyMap token (Symbol:SKYM), a utility token that unlocks a range of capabilities on the Soar Platform. Owning SKYM tokens allows customers to utilise the platform and rewards the content creators. The SKYM tokens unlock key features of the Soar platform by allowing the user to:

-Purchase drone content;
-Create SkyBounties for specific areas;
-Qualify individuals and organisations as a SkySponsor on the Soar platform;
-Provide the economic initiative for the eventual seeding of the super-map.

---The Soar Solution
Soar is a decentralised global marketplace that will revolutionise the value, applications and
significance of almost all drone content.
The Soar platform will unlock previously unreleased, unutilised and largely inaccessible
commercial value of drone content, whereby a single data upload could represent an infinite
number of commercial applications, facilitating an incredible monetisation opportunity for
existing owners of drone content. This changes the current industry paradigm of a one-to-one
transaction on a contracted or commissioned basis to a truly multilateral dimension.

1). Skymap Tokens
The Soar platform uses the SkyMap token (SKYM), an ERC20 compatible token which allows
customers to utilise the platform and rewards content creators.
The SKYM tokens will be used to:

Purchase drone content;
Qualify individuals and organisations as a SkySponsor on the Soar platform;
Create SkyBounties for specific areas; and
Provide the economic incentive for the eventual seeding of the world’s first super-map.

The SKYM token differentiates itself from a pure payment cryptocurrency, such as Bitcoin: SKYM
is not simply used as the method to a payment exchanged in return for a services but also
allows certain interactions with the Soar platform, described later, that are not available to
anyone not holding SKYM tokens.
The price in SKYM for a piece of content for a given location within Soar is affected by the supply
and demand for that content at a particular time. The value denominated in SKYM for a piece of
content is set by the Soar marketplace economic model described in section 2.3.1 below.

2). The Soar Quadtree
To facilitate the calculations of value on the platform, Soar divides the world into a grid. Each cell
within the grid is further subdivided into four sub-grids, a process that repeats until a desired
level of resolution is achieved. Each zoom level has 4n sub-grids of the original grid, where n
is the number of zoom steps in. This data structure is known as a quadtree13 and is utilised
by mapping software to efficiently deliver maps at any desired resolution or zoom level. An
example of how the zooming into a quadtree works can be seen in Figure 6 below.
Soar’s quadtree, unlike others in existence today, can reach a much greater level of detail to
support the mapping resolution drones are capable of reaching.
Figure 6: Soar’s unique quadtree illustrating that images can sit within a grid at different resolutions.
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The design of the Soar Quadtree will allow potential expansion in the future as the images on
the Soar quadtree do not necessarily have to be from drones and can be sourced from multiple
sources such as satellite, aerial and even 3D visualisations.

3).The Soar Marketplace
The cost of purchasing content from the Soar platform is determined by the supply and demand
of drone content available for a given area through Soar can be visually represented by a
heatmap. The heat map enhances the planning for drone content capture for financial returns
and an example of how the heatmap is shown on Soar is in Figure 7 below.
The heat of an area on the Soar map is a function of the total value of drone content (from both
sales volumes and content available) for each of the sub-grids within the quadtree grid. As such,
the heatmap provides Soar users with a real-time indicator for the demand of drone content for
a location over time. The change in the relative heat of a quadtree sub-grid will be seen during
notable events, human created or natural, when drone content is uploaded to Soar; the heat
map will increase in intensity in the quadtree grid covering that event. This change in the heat
is a signal to drone owners or content buyers showing that there is demand for content in that
area.
Examples of events that might drive demand and increase heat value might include:

Natural disasters such as earthquakes, floods etc
Sporting events such as triathlons, fun runs etc.
-Public events.

--ABOUT TEAM :

How Soar Skymap Global Blockchain Drone Content Map Works
Right now, the world is in a drone upswing. Data is being dumped due to underutilization. The Soar project is on the cusp of drone content becoming integrated into any industry. Today, drones are becoming an indispensable part of aerial surveys, crop health assessments, environmental monitoring and much more.

In the 90s, Google set the standard for how data can be accessed from the internet. Soar also wants to change the mindset on drone data. They want to ensure usefulness, monetization, and validity of drone data.

At the core of Soar is a global super map that is crowdsourced. The platform will allow the efficient identification and exchange of imagery. To drive this map, Soar will utilize a quadtree engine. Now, aerial imagery of both high and low resolution can be incorporated into the global super map.

--Soar Skymap SKYM Token ICO Details :
Parameters Of The ICO
Token Ticker: SKYM
Total Tokens Created: 510,000,000 SKYM
Tokens for Public Sale: 132,950,000 SKYM

-Token Distribution

-TOKEN GENERATION EVENT
TEAM :12.3%
ECOSYSTEM:19.4%
COMMUNITY :15.4%
ADVISORS :2.0%
PARTNERSHIPS :13.7%
PRIVATE SALE @15c :32.9%
PUBLIC SALE @ 20c : 4.3%

HARDCAP : $19,500,000
PRE-SALE RAISE :$17,250,000
PUBLIC SALE :$2,250,000
HARDCAP : $19,500,000
MARKET CAP LISTING : $8,200,000
TOTAL TOKEN VALUATION : $70,000,000

MORE INFORMATION:
Soar Official Website: https://soar.earth/
Campaign Special Link: https://soar.earth/?utm_source=content&utm_medium=bounty
Krypital Bounty Group: https://t.me/KrypitalBounty
Soar Telegram Group: https://t.me/SoarEarth
Krypital News: https://t.me/KrypitalNews
Whitepaper:https://www.soar.earth/soar_whitepaper.pdf
ANN bitcointalk: https://bitcointalk.org/index.php?topic=4807008
BOUNTY : https://bitcointalk.org/index.php?topic=4889085

My Tokeneed UID: 3511598453